Food Policy Action

“The draft federal form 990 is reviewed by the president of the board of directors. After this review, any needed changes are made by the tax preparers, and then the federal form 990 is circulated to the full board of directors prior to electronically filing with the internal revenue service.”

“Board of directors must disclose any conflict of interest and recuse themselves from discussion or voting on the matter. Boards of directors sign an agreement to this effect. If a board of director is found to have violated the conflict of interest agreement, the board of directors will investigate and provide appropriate disciplinary and corrective action.”

“Directors who serve on the board of directors for fpa are not compensated for their services on the board of directors. Compensation for the sole employee, who serves as managing director of fpa, was determined by the chairman of the board of directors after reviewing comparable data and evaluating experience.”

“Fpa makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Consulting fees: program service expenses 25,790. Management and general expenses 5,791. Fundraising expenses 9,376. Total expenses 40,957. Research services: program service expenses 10,277. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,277. Payroll processing fees: program service expenses 0. Management and general expenses 688. Fundraising expenses 0. Total expenses 688. Temporary staff: program service expenses 1,333. Management and general expenses 2,000. Fundraising expenses 667. Total expenses 4,000.”